Common use of Duties and Powers of Chief Financial Officer Clause in Contracts

Duties and Powers of Chief Financial Officer. The Chief Financial Officer, should such an office be established, shall keep and maintain, or cause to be kept and maintained, adequate and correct books and records of accounts of the properties and business transactions of the Company, including accounts of its assets, liabilities, receipts, disbursements, gains, losses, capital, Capital Accounts, Percentage Interests, Membership Interests and Economic Interests. The books of account shall at all reasonable times be open to inspection by any Member. The Chief Financial Officer shall have the custody of the funds and securities of Company, and shall keep full and accurate accounts of receipts and disbursements in books belonging to Company, and shall deposit all moneys and other valuable effects in the name and to the credit of Company in such depositories as may be designated by the Members. The Chief Financial Officer shall disburse the funds of Company as required by this Agreement, as directed by the vote of a Majority in Interest of the Members, or the CEO, in that order of priority should there be a conflict, taking proper vouchers or receipts for such disbursements, and shall render to the CEO and the Members, at their regular meetings (if applicable), when the Members so require, or at a special meeting of the Members, an account of all his or her transactions as treasurer and of the financial condition of Company. The Chief Financial Officer shall perform such other duties and shall have such other responsibility and authority as may be prescribed by this Operating Agreement, the vote of a Majority in Interest of the Members, the Chief Executive Officer, the President and the COO in that order of priority should there be a conflict. The Chief Financial Officer shall have the general duties, powers and responsibility of a chief financial officer of a corporation, and shall be the chief financial and accounting officer of the Company. Operating Agreement for Xxxxxx Quality, LLC If the Members choose to elect an Assistant Treasurer or Assistant Treasurers, the Assistant Treasurers in the order of their seniority shall, in the absence, disability or inability to act of the Chief Financial Officer, perform the duties and exercise the powers of the Chief Financial Officer, and shall perform such other duties as the Members shall from time to time prescribe.

Duties and Powers of Chief Financial Officer. The Chief Financial Officer, should such an office be established, CFO shall keep and maintain, or cause to be kept and maintained, adequate and correct books and records of accounts of the properties and business transactions of the Company, including accounts of its assets, liabilities, receipts, disbursements, gains, losses, capital, Capital Accounts, Percentage Interests, Membership Interests and Economic Interests. The books of account shall at all reasonable times be open to inspection by any MemberDirector. The Chief Financial Officer CFO shall have the custody of the funds and securities of the Company, and shall keep full and accurate accounts of receipts and disbursements in books belonging to the Company, and shall deposit all moneys and other valuable effects in the name and to the credit of the Company in such depositories as may be designated by the MembersBoard. The Chief Financial Officer CFO shall disburse the funds of the Company as required by this Agreement, as directed may be ordered by the vote of a Majority in Interest of the Members, or the CEO, in that order of priority should there be a conflictBoard, taking proper vouchers or receipts for such disbursements, and shall render to the CEO and the MembersBoard, at their regular meetings (if applicable)meetings, or when the Members so require, or at a special meeting of the Members, Members an account of all his or her transactions as treasurer and of the financial condition of the Company. The Chief Financial Officer CFO shall perform such other duties and shall have such other responsibility and authority as may be prescribed elsewhere in this Agreement or from time to time by this Operating Agreement, the vote of a Majority in Interest of the Members, the Chief Executive Officer, the President and the COO in that order of priority should there be a conflictBoard. The Chief Financial Officer CFO shall have the general duties, powers and responsibility of a chief financial officer CFO of a corporation, and shall be the chief financial and accounting officer of the Company. Operating Agreement for Xxxxxx Quality, LLC If the Members choose Board chooses to elect an Assistant Treasurer assistant treasurer or Assistant Treasurersassistant treasurers, the Assistant Treasurers assistant treasurers in the order of their seniority shall, in the absence, disability or inability to act of the Chief Financial OfficerCFO, perform the duties and exercise the powers of the Chief Financial OfficerCFO, and shall perform such other duties as the Members Board shall from time to time prescribe.

Duties and Powers of Chief Financial Officer. The Chief Financial Officer, should such an office be established, chief -------------------------------------------- financial officer shall keep and maintain, or cause to be kept and maintained, adequate and correct books and records of accounts of the properties and business transactions of the Company, including accounts of its assets, liabilities, receipts, disbursements, gains, losses, capital, Capital Accounts, Percentage Interests, Membership Interests and Economic Interests. The books of account shall at all reasonable times be open to inspection by any Member. The Chief Financial Officer chief financial officer shall have the custody of the funds and securities of the Company, and shall keep full and accurate accounts of receipts and disbursements in books belonging to the Company, and shall deposit all moneys and other valuable effects in the name and to the credit of the Company in such depositories as may be designated by the Members. The Chief Financial Officer chief financial officer shall disburse the funds of the Company as required by this Agreement, as directed may be ordered by the vote of a Majority in Interest of the Members, or the CEO, in that order of priority should there be a conflict, taking proper vouchers or receipts for such disbursements, and shall render to the CEO president and the Members, at their regular meetings (if applicable)meetings, or when the Members so require, or at a special meeting of the Members, members an account of all his or her transactions as treasurer and of the financial Financial condition of the Company. The Chief Financial Officer chief financial officer shall perform such other duties and shall have such other responsibility and authority as may be prescribed elsewhere in this Agreement or from time to time by this Operating Agreement, the vote of a Majority in Interest of the Members, the Chief Executive Officer, the President and the COO in that order of priority should there be a conflict. The Chief Financial Officer chief financial officer shall have the general duties, powers and responsibility of a chief financial officer of a corporation, and shall be the chief financial and accounting officer of the Company. Operating Agreement for Xxxxxx Quality, LLC If the Members choose to elect an Assistant Treasurer assistant treasurer or Assistant Treasurersassistant treasurers, the Assistant Treasurers assistant treasurers in the order of their seniority shall, in the absence, disability or inability to act of the Chief Financial Officerchief financial officer, perform the duties and exercise the powers of the Chief Financial Officerchief financial officer, and shall perform such other duties as the Members shall from time to time prescribe.

Duties and Powers of Chief Financial Officer. The Chief Financial Officer, should such an office be established, shall keep and maintain, or cause to be kept and maintained, adequate and correct books and records of accounts of the properties and business transactions of the Company, including accounts of its assets, liabilities, receipts, disbursements, gains, losses, capital, Capital Accounts, Percentage Interests, Membership Interests and Economic Interests. The books of account shall at all reasonable times be open to inspection by any Member. The Chief Financial Officer shall have the custody of the funds and securities of Company, and shall keep full and accurate accounts of receipts and disbursements in books belonging to Company, and shall deposit all moneys and other valuable effects in the name and to the credit of Company in such depositories as may be designated by the Members. The Chief Financial Officer shall disburse the funds of Company as required by this Agreement, as directed by the vote of a Majority in Interest of the Members, or the CEO, in that order of priority should there be a conflict, taking proper vouchers or receipts for such disbursements, and shall render to the CEO and the Members, at their regular meetings (if applicable), when the Members so require, or at a special meeting of the Members, an account of all his or her transactions as treasurer and of the financial condition of Company. The Chief Financial Officer shall perform such other duties and shall have such other responsibility and authority as may be prescribed by this Operating Agreement, the vote of a Majority in Interest of the Members, the Chief Executive Officer, the President and the COO in that order of priority should there be a conflict. The Chief Financial Officer shall have the general duties, powers and responsibility of a chief financial officer of a corporation, and shall be the chief financial and accounting officer of the Company. Operating Agreement for Xxxxxx Quality, LLC If the Members choose to elect an Assistant Treasurer or Assistant Treasurers, the Assistant Treasurers in the order of their seniority shall, in the absence, disability or inability to act of the Chief Financial Officer, perform the duties and exercise the powers of the Chief Financial Officer, and shall perform such other duties as the Members shall from time to time prescribe.Page 16